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Average Income | $ |
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Housing Stock
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Thinking about buying in Bocobra? Now could not be a better time, with just 28 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $770,000 with prices in this suburb ranging from $451,000 to $1,342,000. The aproximate distance to the coast is 246 Km.
In Bocobra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bocobra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Bocobra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Bocobra we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bocobra a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Bocobra there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
20-12-2024 | $720,000 | 595 Bocobra Road |
10-12-2024 | $700,000 | 393 Old Bocobra Road |
21-05-2024 | $780,000 | 655 Bocobra Road |
26-11-2021 | $1,060,000 | 121 Myrtleford Road |
30-10-2020 | $340,000 | 597 Bocobra Road |
28-10-2020 | $400,000 | 393 Old Bocobra Road |
25-01-2018 | $440,000 | 595 Bocobra Road |
23-11-2017 | $342,500 | 717 Bocobra Road |
15-04-2016 | $680,000 | 389 Old Bocobra Road |
15-10-2013 | $45,000 | 236 Old Bocobra Road |
17-09-2012 | $276,000 | 597 Bocobra Road |
29-02-2012 | $390,000 | 602 Bocobra Road |
23-09-2011 | $225,000 | 847 Bocobra Road |
12-06-2009 | $379,000 | 539 Bocobra Road |
09-05-2008 | $910 | 597 Bocobra Road |
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